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Airtel in talks to buy Tata Play as digital TV industry sees shake-up.

Source :
FRPT- Telecom Snapshot; 10/16/2024, p26-27, 2p
Publication Year :
2024

Abstract

Airtel, a telecommunications company in India, is reportedly in talks to acquire Tata Play, the country's largest direct-to-home (DTH) service provider. This move is seen as a strategic effort by Airtel to strengthen its presence in the digital TV space and increase non-mobile revenues. The potential sale would mark Tata Group's exit from its content and entertainment ventures. In other news, officials from Samsung recently met with the Tamil Nadu Minister for Industries to discuss resolving an ongoing labor strike at their factory. Nearly 1,100 employees are on strike, demanding pay revision and better working conditions. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
FRPT- Telecom Snapshot
Publication Type :
News
Accession number :
180286210